Mattel, Inc. (MAT) vs YETI Holdings, Inc. (YETI)

Mattel, Inc. and YETI Holdings, Inc. are both Leisure companies. Mattel, Inc. is the larger, with a market value of $3.7B against $3.1B — 1.2× the size. Mattel, Inc. trades at the lower P/E: 9.6× against 18.1×. YETI Holdings, Inc. grew revenue faster over the last twelve months: 6.24% against 2.89%. YETI Holdings, Inc. has the higher net margin (9.24% vs 7.78%) and the higher return on invested capital (22.7% vs 7.04%). Across the 22 metrics below, YETI Holdings, Inc. leads on 12 and Mattel, Inc. on 10.

Valuation

Metric MAT YETI Leisure median
P/E 9.63 18.15 17.42
P/S 0.70 1.63 1.02
P/B 1.92 5.18 2.13
Price to free cash flow 8.84 16.37 11.49
EV/EBITDA 9.97 10.93 9.97
EV/Sales 1.14 1.65 2.00
Earnings yield 10.38% 5.51% 2.85%
Free cash flow yield 11.32% 6.11% 3.64%

Profitability

Metric MAT YETI Leisure median
Gross margin 47.50% 59.21% 48.02%
Operating margin 7.82% 12.18% 3.08%
Net margin 7.78% 9.24% 2.58%
Free cash flow margin 7.92% 9.97% 2.13%
Return on equity 20.50% 25.32% 0.00%
Return on assets 6.78% 13.73% 0.05%
Return on invested capital 7.04% 22.66% 3.95%

Growth

Metric MAT YETI Leisure median
Revenue growth (TTM) 2.89% 6.24% 3.28%
EPS growth (last fiscal year) (21.52%) (0.98%) —
Revenue growth, 5-year CAGR 3.11% 11.35% 4.22%
Net income growth, 5-year CAGR 26.33% 1.20% 0.00%

Health

Metric MAT YETI Leisure median
Debt to equity 1.17 0.17 0.02
Current ratio 1.90 1.75 1.76
Net debt to EBITDA 1.42 (0.43) 1.85

Dividend

Metric MAT YETI Leisure median
Dividend yield — — 2.86%
Payout ratio 0.00 0.00 0.00

Size

Metric MAT YETI Leisure median
Market cap 3.74b 3.06b 293.27m

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